Which of the Following Statements Is True of Business Services

question 18

Multiple Choice

Which of the following statements is true of business services?

• A) Most business services companies enter international markets to service their local clients abroad.
• B) Services are intangible and so cannot be produced in one country and exported to another.
• C) The removal of trade barriers poses a serious threat to the continued expansion of international services trade.
• D) Firms should avoid providing after-sales services as the costs do not justify the benefits.
• E) The perception of quality of a business service depends solely on the average per capita income of the buyer's country.

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Definitions:

Tyranny Over The Mind

An expression or concept denoting extreme oppression or control over people's beliefs, thoughts, or intellect, possibly referencing Thomas Jefferson's views on religious freedom.

Jefferson's Writings

The extensive literary work of Thomas Jefferson, including his contributions to the Declaration of Independence, letters, and books on various subjects.

Religious Institutions

Organizations founded on religious beliefs and practices, serving as places of worship, community gathering, and dissemination of spiritual guidance.

Anti-Catholicism

Prejudice or discrimination against Catholics, often rooted in religious, cultural, or national differences.